A new case study on Pacific Carbon Trust (PCT) has been released. PCT is an innovative policy instrument developed by the British Columbia government to address climate change. This hybrid instrument blends a market mechanism with public investment and regulation as part of the government’s commitment to mitigate greenhouse gas (GHG) emissions. The model is designed to help establish a local carbon offset market as part of a larger framework that regulates carbon neutrality in the public sector to reduce GHG emissions while influencing cultural norms and behaviour.
The complete case study can be accessed here.